How much is 398 NE 5th Street 1518?

398 NE 5th Street 1518 is listed at $1,499,000, which is about $1,330 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the association fees at 398 NE 5th Street 1518?

The listing reports an association fee of $1,300 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.

What are the property taxes on 398 NE 5th Street 1518?

The listing reports annual property taxes of $23,078 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 398 NE 5th Street 1518 built?

398 NE 5th Street 1518 was built in 2024 and the listing describes its condition as new construction. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 398 NE 5th Street 1518 been on the market?

398 NE 5th Street 1518 has been listed for 6 days. Days on market and price changes are the first signals of how much room there is to negotiate.

Is 398 NE 5th Street 1518 waterfront?

Yes. The listing describes the water as none bayfront. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.

Which schools serve 398 NE 5th Street 1518?

The MLS lists Frederick Douglass (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

398 NE 5th Street 1518, Miami, FL 33132

$1,499,000 · Active

3 beds
3 baths
1,127 sq ft
Condominium
Built 2024
New Construction
HOA $1,300/mo
1 garage space
Miami-Dade County
MLS# A12112486
Map Of Miami Dade Co. Fl.

Photo 1 at 398 NE 5th Street 1518, Miami

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Photo 8 at 398 NE 5th Street 1518, Miami

About this home

Looking for a Miami investment that stands out? This fully furnished 3BD/3BA at The Elser Hotel & Residences combines DIRECT water views, Downtown skyline views, and a wraparound balcony with NO RENTAL RESTRICTIONS—offering the flexibility of Airbnb and daily rentals.What makes this residence especially appealing? Its ADA-accessible layout features wider hallways and additional maneuvering space for a more spacious, comfortable experience. It can be rented to any guest, while also appealing to travelers seeking accessible accommodations. For investors, that means the opportunity to reach a broader guest market and differentiate the property in rental searches. Accessibility adds versatility; occupancy and returns depend on pricing, demand, and management.Inside, enjoy 9+ ft ceilings, porcelain wood-style tile, Italkraft cabinetry, quartz countertops, and stainless steel appliances. Amenities include a 132-ft pool with private cabanas, cocktail bar, coffee lounge, two-story wellness center, yoga deck, co-working spaces, and sky lounge. Close to Bayfront Park, dining, museums, and Kaseya Center. Enjoy it yourself, welcome guests, and explore its rental income potential. Schedule your private tour today!

Features

Elevator
Balcony
Bayfront
Private

Schools

Elementary: Frederick Douglass
Middle: Jose De Diego
High: Booker T. Washington

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

EXP Realty LLC · a.shahin.broker@exprealty.net · Listing agent: Annie J Montiel

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 398 NE 5th Street 1518.

Questions About 398 NE 5th Street 1518

How much is 398 NE 5th Street 1518?: 398 NE 5th Street 1518 is listed at $1,499,000, which is about $1,330 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 398 NE 5th Street 1518?: The listing reports an association fee of $1,300 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 398 NE 5th Street 1518?: The listing reports annual property taxes of $23,078 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 398 NE 5th Street 1518 built?: 398 NE 5th Street 1518 was built in 2024 and the listing describes its condition as new construction. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 398 NE 5th Street 1518 been on the market?: 398 NE 5th Street 1518 has been listed for 6 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 398 NE 5th Street 1518 waterfront?: Yes. The listing describes the water as none bayfront. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 398 NE 5th Street 1518?: The MLS lists Frederick Douglass (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

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The 3 bedroom condo at 851 NE 1st Avenue 4801, Miami, FL 33132 is comparable and listed for sale at $1,395,000. Another comparable condo, 701 Brickell Key Boulevard 1912, Miami, FL 33131, sold for $1,255,000 in October 2026. Miami neighborhoods include Little River and Little Havana. Nearby ZIP codes include 33125 and 33126. This property also neighbors Brickell, Fisher Island, and Miami Beach. Compare it with the Miami housing market report.